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Crude Oil has bounced from oversold region and now one can go long near 5900 for tgt of 6050 and stoploss of 5850 - Tradebulls Securities Pvt Ltd
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GOLD
Gold is now coming into xmas season and so range will get constrained next week after US Fed rate cut. Buy on dips near 78400 for tgt of 79200 and stoploss of 78000.
CRUDE OIL
Crude Oil has bounced from oversold region and now one can go long near 5900 for tgt of 6050 and stoploss of 5850.
Base Metals Update
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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